The new Texas business courts recently opened their doors on Sept. 1, 2024 in Dallas, Fort Worth, Austin, San Antonio, and Houston. The courts have jurisdiction concurrent with district courts over, among other cases, actions alleging that a corporate director breached a duty owed to the corporation, generally subject to a $5 million minimum amount in controversy, unless a party to the action is a publicly traded company (in which case there is no minimum amount in controversy).

For a complete copy of the article published in the Texas Lawyer about some of the principles that will guide the Texas business courts in breach of fiduciary duty litigation against corporate directors, please click the title link below.

10 Principles That Will Guide the New Texas Business Courts in Breach of Fiduciary Duty Litigation

For key takeaways for what you need to know regarding the new Texas business courts, please click here.

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